solar loan UP 20267 min readSolar Loans in UP 2026: SBI Surya Shakti, IREDA, and the Best EMI Options for Homeowners and Businesses
After the PM Surya Ghar subsidy, a 5 kW rooftop solar system in Lucknow costs between Rs 1.5 lakh and Rs 2 lakh out of pocket. For most households and small businesses, this is still a significant sum. Solar-specific loan schemes from SBI, Union Bank, PNB, Bank of Baroda, and IREDA make it possible to spread this cost over 3 to 7 years, often with EMIs that are fully covered by monthly electricity savings from day one. This guide compares every major solar loan option available to UP customers in 2026.

Ravi Sharma
October 2026

















